Insider Buying: Under Armour (NYSE:UA) CFO Buys $100,182.72 in Stock

Under Armour, Inc. (NYSE:UA) CFO Reza Taleghani acquired 18,656 shares of the stock in a transaction on Tuesday, August 11th. The shares were purchased at an average price of $5.37 per share, with a total value of $100,182.72. Following the completion of the transaction, the chief financial officer owned 87,621 shares of the company’s stock, valued at approximately $470,524.77. This represents a 27.05% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link.

Under Armour Price Performance

Shares of Under Armour stock traded down $0.10 during midday trading on Wednesday, hitting $5.10. 2,853,072 shares of the company traded hands, compared to its average volume of 2,896,220. The firm’s fifty day moving average price is $6.24 and its 200-day moving average price is $6.19. The stock has a market cap of $2.17 billion, a price-to-earnings ratio of -4.43 and a beta of 1.59. Under Armour, Inc. has a 12 month low of $3.95 and a 12 month high of $7.91. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.96 and a current ratio of 1.81.

Under Armour (NYSE:UA) last issued its quarterly earnings data on Friday, August 7th. The company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.02 by $0.03. Under Armour had a negative net margin of 9.99% and a positive return on equity of 4.04%. The business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.11 billion. Under Armour has set its Q2 2027 guidance at -0.030–0.010 EPS and its FY 2027 guidance at 0.080-0.120 EPS.

Hedge Funds Weigh In On Under Armour

A number of hedge funds have recently made changes to their positions in UA. AQR Capital Management LLC increased its position in Under Armour by 247.3% during the 1st quarter. AQR Capital Management LLC now owns 98,632 shares of the company’s stock valued at $587,000 after purchasing an additional 70,231 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of Under Armour by 34.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 388,256 shares of the company’s stock worth $2,310,000 after purchasing an additional 99,402 shares during the period. Prudential Financial Inc. boosted its stake in shares of Under Armour by 26.4% in the 2nd quarter. Prudential Financial Inc. now owns 19,560 shares of the company’s stock valued at $127,000 after purchasing an additional 4,083 shares during the last quarter. Cerity Partners LLC acquired a new stake in shares of Under Armour during the second quarter worth $65,000. Finally, Quantinno Capital Management LP increased its position in shares of Under Armour by 16.5% during the second quarter. Quantinno Capital Management LP now owns 184,882 shares of the company’s stock worth $1,200,000 after buying an additional 26,217 shares during the period. 36.35% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently weighed in on UA. Robert W. Baird set a $5.50 price objective on Under Armour in a research report on Wednesday, May 13th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Under Armour in a research report on Wednesday, August 5th. One research analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Sell” and a consensus target price of $5.50.

About Under Armour

Under Armour, Inc is a global designer, marketer and distributor of branded performance apparel, footwear and accessories. The company’s product portfolio spans a wide range of athletic categories, including running, training, basketball, outdoor and golf, with specialized lines for men, women and youth. Under Armour emphasizes innovative fabrics and technologies designed to enhance athletic performance, such as moisture-wicking HeatGear®, cold-weather ColdGear® and UV-protective UA Tech™ materials.

The company was founded in 1996 by former University of Maryland football captain Kevin Plank, who sought to create a superior moisture-wicking T-shirt to keep athletes cool and dry.